Title: Pin Insertion Machine Market
1Pin Insertion Machine Market - Forecast 2021
2026Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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- Pin Insertion Machine market size is projected to
reach US 270 Million by 2026, and it is
estimated to grow at around CAGR 5.6 during
2021-2026.Increasing penetration of digitization,
electronic mobility leveraging IoT enabled
connected portable devices including high end
smartphones, smart wears and the rising demand
for miniaturization of electronic products are
the major factors driving the demand for pin
insertion machines to facilitate efficient and
seamless electronic component assembly. - Growth in hyperscale data centers raising the
need for electronic products such as touchscreen
panel, LED monitors and motherboards is
accelerating the demand for pin insertion
machines in printed circuit board (PCB) assembly
lines to offer high accuracy PCB systems with
robust and reliable electrical connections.
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Key Takeaways
- Consumer electronics is estimated to account for
the largest market share by 2026 due to rising
penetration of connected devices including high
end smartphones and smart wears. - APAC is estimated to dominate the market during
2021-2026 owing to rising investments in
semiconductor manufacturing facilities. - Increasing Penetration of connected cars and
evolving trend of miniaturization of electronic
devices are analyzed to stimulate the market
during forecast period 2021-2026.
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- By Distribution Channel- Segment Analysis
- By technology, Pin Insertion Machine Market has
been segmented under Press-fit technology,
Surface Mount technology and Through-hole
technology. Press Fit technology dominated the
market in 2020 and is estimated to hold the
majorPin Insertion Machine Marketacquiring a
share of 48 by 2026 owing to huge adoption of
press fit technology in PCB assembly line for
high speed, precise pin insertion to reduce
processing time. Press-fit technology is widely
adopted by semiconductor device manufacturers
over conventional soldering process.
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- Pin Insertion Machine Market
- Industry Outlook
- Advanced Mechatronics Solutions
- CMS Electronics GmbH
- HARMONTRONICS
- TE Connectivity Ltd.
- Assembly Automation Technology Inc.
- Eberhard,
- AutospliceInc
- UMG Technologies
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Pin Insertion Machine Market - Forecast 2021
2026 Learn More About the Report _at_
https//www.industryarc.com/Research/Pin-Insertio
n-Machine-Market-Research-505406
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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